Air Lease Corporation (AL)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 32,277,900 | 30,452,300 | 28,396,700 | 26,968,700 | 25,215,200 |
| Total stockholders’ equity | US$ in thousands | 7,532,630 | 7,160,040 | 6,646,360 | 7,008,570 | 6,072,340 |
| Financial leverage ratio | 4.29 | 4.25 | 4.27 | 3.85 | 4.15 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $32,277,900K ÷ $7,532,630K
= 4.29
The financial leverage ratio of Air Lease Corporation has experienced fluctuations over the past five years. As of December 31, 2020, the ratio stood at 4.15, indicating that the company's debt levels were 4.15 times its equity. It decreased to 3.85 as of December 31, 2021, suggesting a reduction in financial leverage. However, the ratio then increased to 4.27 by December 31, 2022, and remained relatively stable around 4.25 to 4.29 for the following years.
Overall, the financial leverage ratio of Air Lease Corporation reflects a level of leverage that has fluctuated but generally remained within the range of 4.15 to 4.29 over the 5-year period, indicating the company's reliance on debt to support its operations and investments. An analysis of other financial metrics and market conditions would provide further insights into the company's financial health and risk profile.
Peer comparison
Dec 31, 2024